Personal income (personal income) That individuals from a variety of ways the sum of the income received, including wages, rental income, dividends, dividends and social benefits made to the income received. The index is to predict an individual's spending power, the future consumer buying trends and assess the economic situation in an effective indicator of quality. Decline in personal income increase is better than a good, personal income, enhance economic prosperity on behalf, of course, is slowing down, a sign of recession, the impact of currency movements is self-evident. If personal income rose too fast, the central bank worried about inflation, will consider raising interest rates, interest rates would certainly have a strong effect of currency exchange rates.
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The importance of personal income
Increase personal income on behalf of improved economic conditions or economic prosperity, appropriate, personal consumption expenditures is likely to increase; is slowing down, of course, signs of recession, exchange rate movements on the currency impact is evident. If personal income rose too fast, the central bank worried about inflation, will consider raising interest rates, interest rates would certainly have a strong effect of currency exchange rates. Personal consumption expenditures on behalf of individual consumers to purchase goods or services, the market value of these two materials is important, because they are important in the current composition of GNP activists, experts can rely on this information to predict the magnitude of possible changes in GNP.
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The composition of personal income
Personal Income = National Income - Corporate retained earnings - social security - to meet unpaid wages
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Economic Wikipedia
Personal Income (Personal Income): subtract the company retained earnings from the national income, corporate income tax and social insurance tax (fee), plus the government transfer payments to individuals.
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Personal Income (PI)
% 26 # 167; PI is a country in one year by individuals from a variety of sources of income combined. PI = NI - (corporate profit tax + retained earnings + companies and individuals pay social insurance) + (government + personal interest payments on government and business transfer payments to individuals)
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English Expression
: personal income, per capita income
Containing Phrases
individual (personal) income regulation tax
approve Dominate personal income
personal income monetization
Consumer personal income
the system of the declaration of individual incomes for tax payment